Question

In: Operations Management

Pick a Caribbean country for a business idea of education and health care and what would...

Pick a Caribbean country for a business idea of education and health care and what would be the most critical and different thing compared to an African country such as DR Congo?

Solutions

Expert Solution

The Caribbean country that can be suitable for a business idea of education and healthcare is Jamaica. Jamaica is an ideal country for starting up a business because of its full availability of commercial and supportive business legislation. Moreover, the government has assured a favorable political environment for education and healthcare businesses.  

A comparison can make it clear that Jamaica has a more productive, and suitable public, and private education, and healthcare business structure than Congo DR. The comparable critical and painful things are as follows:

Legal aspects: Health care business legislation in Congo has a lot of restrictions that demotivates the entrepreneurial. On the contrary, Jamaica has more flexible legislation for healthcare business where small business owners get a lot of opportunities to grow

Staffing: Lack of skilled staff is the biggest issue in educational and healthcare businesses in African countries like Congo. However, Jamaica is well equipped with professionally skilled staffs in both education and healthcare business with a steady wage standard

Environment: Jamaica has recently introduced coupons for health plans for small business owners to start the healthcare business with government support in a healthy environment. On the contrary, most of the African countries like Congo has poor healthcare structure that cannot even offer a suitable working environment to the startups

Infrastructure: Countries like Congo does not have a proper environment to start education because of hunger, and significant class difference while countries like Jamaica is more suitable for starting educational businesses.


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